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clean up the aviation industry? we get airborne to find out. we start in the us — where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point— to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing — with the bank of england widel...

Electric aircraft manufacturer Eve, a subsidiary of Embraer, secures significant deals for its eVTOL aircraft at the Paris Airshow.

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Eve, which holds a backlog of some 2,800 orders before starting production, has recently completed wind tunnel testing for the futuristic vehicle and expects to start commercial operations in 2026.

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